Zug Estates Holding AG
/ Key word(s): Real Estate
Press release Zug Estates Ltd has signed a 30-year rental agreement with XUND, the training centre of Gesundheit Zentralschweiz, for a space spanning 6,000 m2 on the Suurstoffi site in Rotkreuz, Canton Zug. XUND will take over all the office and education space in the Suurstoffi 45 property which – together with the Suurstoffi 43 building – is the last plot at the Suurstoffi site. The S43/45 project entails the construction of around 14'400m2 of office and education space and 1'100 m2 of residential space for student living. Construction is set to commence at the end of 2024. The rental space is scheduled to be handed over to XUND and other future tenants in mid-2027. Josef Widmer, President of the XUND training centre, underlines the considerable attractiveness of the new, modern location and anticipates synergies in the site's innovative environment: "The Rotkreuz site strengthens XUND's regional roots in central Switzerland and is much more easily reachable for many students and apprentices. It facilitates on-site synergies with other education partners, such as the Lucerne University of Applied Sciences and Arts, and opens up opportunities for cooperating with practitioners or researchers." Alain Baumgartner, Head of Portfolio Management at Zug Estates Ltd, is pleased that the training centre is moving to the Suurstoffi site: "XUND is an ideal partner for us and will fit in very well with the current tenants at the Suurstoffi site; it will also contribute to a sustainable and diverse use of the complex. And finally, the marketing success confirms the buoyant demand for attractive and well developed rental spaces in the Zug region." About XUND Downloads: Suurstoffi site (.jpg) Important dates:
For further information, please contact:
About Zug Estates Zug Estates Holding AG | Baarerstrasse 18 | CH-6300 Zug | T +41 41 729 10 10 | www.zugestates.ch
End of Media Release |
Language: | English |
Company: | Zug Estates Holding AG |
Industriestrasse 12 | |
6300 Zug | |
Switzerland | |
Phone: | +41 41 729 10 10 |
E-mail: | ir@zugestates.ch |
Internet: | www.zugestates.ch |
ISIN: | CH0148052126, CH0148052118 |
Valor: | A1J0M6 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1983705 |
End of News | EQS News Service |
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1983705 09.09.2024 CET/CEST
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